# SBI Holdings reaffirms $41.2 bn Ripple stake as XRP price falls

**Published:** 2026-08-01T08:27:35.995Z  
**Topic:** Ripple Xrp  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/077afb84-bf8c-4080-a930-3b984d23923e

SBI Holdings confirms a ¥6.6 trillion ($41.2 bn) Ripple holding despite XRP’s recent slump, highlighting a $15 bn remittance milestone and upcoming Japan ETF

SBI Holdings reiterated that it still owns roughly ¥6.6 trillion ($41.2 bn) of Ripple stock even as XRP has been trading lower, underscoring the firm’s long‑term bet on the token’s utility in cross‑border payments【2】.

| At a glance | |
|---|---|
| Ripple stake value | ¥6.6 trillion ($41.2 bn) |
| SBI Remit cumulative volume | ¥2.5 trillion ($15 bn) |
| ODL adoption start | 2021 |
| Market context | XRP price down amid broader crypto slowdown |

## Ripple stake stays intact despite XRP slump  
During its first‑quarter earnings presentation, SBI disclosed that its Ripple shareholding remains valued at ¥6.6 trillion, a figure it highlighted as a “major strategic asset” despite a “weakness in the cryptocurrency market” that has pressured XRP’s price【2】. The company did not trim the position, signalling confidence in Ripple’s underlying payments technology rather than short‑term token price movements.

## Remittance volume shows real‑world use  
SBI’s remittance arm, SBI Remit, reported that total cross‑border transfers have now exceeded ¥2.5 trillion, or more than $15 bn, since its launch—a milestone reached in May 2026【1】. The pace accelerated sharply in the last 17 months, coinciding with the expansion of Ripple’s On‑Demand Liquidity (ODL) service, which uses XRP as a bridge currency. ODL’s cost‑saving claim of cutting liquidity expenses by 60‑70 % is the driver behind the faster growth of XRP‑based corridors versus traditional rails【1】.

## Regulatory backdrop and future demand  
Japan’s cabinet recently moved to reclassify XRP and over a hundred other crypto assets as financial instruments under the Financial Instruments and Exchange Act, with implementation slated for fiscal 2027 and the first crypto‑ETF approvals targeted for fiscal 2028【1】. SBI is already developing Japan’s first XRP‑focused ETF in partnership with Franklin Templeton, positioning the group to capture new institutional demand once the regulatory framework is in place.

## What to watch
- **XRP price levels** – monitor support around $0.45 and resistance near $0.55 as the token reacts to broader crypto sentiment.  
- **Japan’s FIEA amendment** – implementation in fiscal 2027 could unlock ETF‑style demand for XRP.  
- **SBI Remit ODL expansion** – any further corridor additions or volume spikes would signal deeper XRP utility.

SBI’s reaffirmation of its massive Ripple stake, coupled with a $15 bn remittance milestone, illustrates that the firm’s confidence rests on the token’s role in real‑world payments rather than its market price. How the upcoming Japanese regulatory changes and ETF launches unfold will determine whether that utility translates into sustained price support for XRP.

## Sources
1. 24/7 Wall St — [XRP News: Japan’s SBI Remit Hits $15 Billion Milestone, Built on Ripple Infrastructure](https://247wallst.com/investing/2026/05/29/xrp-news-japans-sbi-remit-hits-15-billion-milestone-built-on-ripple-infrastructure/)
2. MENAFN — [SBI Holdings Reaffirms $41.2B Ripple Stake Despite XRP Market Slump](https://menafn.com/1111473267/SBI-Holdings-Reaffirms-412B-Ripple-Stake-Despite-XRP-Market-Slump)

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Cite as: TrendWatcher, "SBI Holdings reaffirms $41.2 bn Ripple stake as XRP price falls", https://www.trendwatcher.in/article/077afb84-bf8c-4080-a930-3b984d23923e